ORTELIUS strengthens leadership structure and convenes Extraordinary General Meeting
ORTELIUS International AB (publ) (“ORTELIUS” or the “Company”) (Nasdaq First North Growth Market: ORTIN) today announces changes to its Executive Management and Board of Directors to strengthen strategic focus and execution. The Board of Directors has resolved to convene an Extraordinary General Meeting on 23 April at 10:00 CET at Södra Förstadsgatan 31, Malmö. The meeting will consider the proposed election of current CEO Anders Berglund as Chair of the Board. Current Chair Fredrik Herslow is proposed to continue as a Board member. Herman Weberg has been appointed interim CEO for an initial period of two months, effective immediately, and will continue in his role as CFO.
In his proposed role as Chair, Anders Berglund will focus on Board leadership, including strategy, capital allocation, and oversight.
As interim CEO, Herman Weberg will assume full responsibility for day-to-day operations, including execution of the business plan and financial and operational priorities.
“We are strengthening our focus on execution, capital discipline, and long-term value creation. This transition reinforces our ability to accelerate the company’s strategic agenda and marks a clear shift toward a more growth-oriented phase,” says Anders Berglund, proposed Chair of the Board.
“The structure clarifies responsibilities, with the Board focused on direction and oversight, and management accountable for execution. We are sharpening our strategy around Data & AI readiness, strengthening the balance sheet, and increasing execution pace,” he continues.
“My immediate focus is disciplined execution. We will implement the necessary financial and operational measures to strengthen performance and ensure delivery against our objectives,” says Herman Weberg, interim CEO and CFO.
The Board believes these changes strengthen the company’s ability to execute on its strategic priorities while maintaining continuity. The process of recruiting a permanent CEO will begin immediately.
A notice of the Extraordinary General Meeting will be issued.